Online Lender Ezbob Boosted After £30m Fundraising

The £30m will be used to refinance existing debt and to increase its loan offerings to small businesses.

Combined, Everline and Ezbob have created the largest alternative small business e-lender, and the brands sit under umbrella group Orange Money.

The companies have provided 6,000 loans to small and medium-sized businesses totalling more than £55m. Wonga sold Everline in February as part of a restructuring to focus on its consumer lending business.